News & Bulletin Updates

8Paraquat 24%SL prices in Ahmedabad have increased, indicating strong regional demand and a well-built supply

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8Petrochem sources confirmed that Atrazine prices have slipped in the Ahmedabad market

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8ADNOC's geothermal energy project in Masdar City is a landmark development that will decarbonize the cooling of buildings in the UAE and further diversify the country's energy mix

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8Mondi, a global leader in sustainable packaging and paper, has won the German Packaging Award 2023 from the German Packaging Institute

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8Berger Paints is planning a major expansion to double its capacity and revenue, with three new greenfield plants and an investment of Rs. 2,700 crores, and enhance its revenur further to Rs.20,000 crore in next six years

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8Bodo Möller Chemie and Sanitized AG are expanding their partnership in the paint and lacquer industry, with Bodo Möller Chemie taking over distribution of the Sanitized preservation product line

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8The global plastics trade is expected to grow in 2023, but the subdued economic outlook for 2024 could pose some trade-related concerns

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8The ‘ChemConnect’ conference will be a chemical logistics brainstorm for the country, with ideas and action plans to grow the sector

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8Teknor Apex has joined Cyclyx International, a consortium-based post-use plastic innovation company, to help increase the recyclability of plastic from 10% to 90%

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8The 1QFY24 performance of Apollo Tyres was mixed, with revenue down but the EBITDA margin increasing as a result of decreased RM costs

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8INEOS Styrolution has launched a new material for small medical device housings and casings, designed to meet the specific requirements of the healthcare industry

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8Neste has restarted the production of renewable diesel at its Singapore refinery expansion and is on track to start SAF production in the third quarter of 2023

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8Get the latest rubber prices for Singapore

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8Indorama Ventures has expanded its recycling facility in Brazil with a Blue Loan from IFC and is on track to reach its goal of recycling 50 billion PET bottles by 2025

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8Borouge and Borealis have launched two new sustainable polymer products for the automotive industry, made from up to 70% recycled materials

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8Origin Materials and Sustainea Bioglycols have partnered to produce carbon-negative materials using Origin's technology and Sustainea's bio-based glycol products

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8LyondellBasell takes over Mepol Group to expand its recycled technical compounds business

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8Two companies are looking to build car tire factories in Cambodia, which would help to boost the domestic market for latex and create jobs

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8Sri Lankan tire manufacturer, GRI, has developed a new non-marking skid steer tire that is perfect for both indoor and outdoor use

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8The Ethyl acrylate market in Mumbai experienced a notable uptick in prices today, sending ripples of concern across various industries

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8Reliable sources in the petrochem sector have confirmed that the price of Caprolactam GSFC  has decreased in the Mumbai market

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8Today, the Mumbai chemical market noted a decline in acrylamide prices, attributed to a decrease in regional demand

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8Industry sources in the chemical sector have reported a decrease in PEG 400 costs in the Ahmedabad market

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8PEG 600 prices in Ahmedabad's Domestic market have experienced a down, driven by limited product availability, as reported by petrochem sources

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 8A combination of factors is at work, get the latest price roundup here

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